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president obama and mitt romney get set for their first debate in denver. service sector growth slows across the globe in september. and rajoy issues the latest denial that he's ready to seek a bailout. >>> other stories we're following for you today. the apple faithful are just getting used to their iphone 5, but the rumored mini ipad may not be that far behind. reports say apple's asian suppliers are now mass producing a new tablet with a lower resolution 7.8-inch screen, that's versus the nine inches for the current ipad which came out back in march. apple is expected to unveil the mini ipad sometime later this month but the company isn't revealing any details. this has been why we've been seeing a spike in apple share prices recently in both germany and the united states on the back of expectation about all these products before christmas. today you can see we've got a bounce in the frankfurt listing of the stock, up another 1.6%. >>> reportedly close to a deal to sell up to $6 billion worth of its assets in the gulf of mexico. they have narrowed down t
president obama and mitt romney get set for their first debate in denver. service sector growth slows across the globe in september. and rajoy issues the latest denial that he's ready to seek a bailout. >>> other stories we're following for you today. the apple faithful are just getting used to their iphone 5, but the rumored mini ipad may not be that far behind. reports say apple's asian suppliers are now mass producing a new tablet with a lower resolution 7.8-inch screen, that's...
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an aggressive mitt romney comes out swinging in his first debate with president obama. the two men sparring over how to fix the u.s. economy. waiting on spain, the ecb expected to hold steady on rates as central bankers meet today. country's president tells cnbc that europe's policymakers must remain focused. and madrid sees solid demand and yields coming down as the finance minister heads to london to raise funds for the country's bad banks. if you're just tuning in, thanks very much for coming along. ross will be back tomorrow. but i'm here for the next 30 minutes to run you through what's going on on the markets around the world. let's start off by looking ahead to the start of the u.s. equity trade. expecting markets to open a little higher. fmoc minutes coming out later. and on this side of the world urks t the ecb and boe with their decisions, as well. just a few points higher. and let's look at some other market action and see exactly what's happening. the global 300 just ticking slightly higher. it's come off the highs of a little earlier, but just about hanging
an aggressive mitt romney comes out swinging in his first debate with president obama. the two men sparring over how to fix the u.s. economy. waiting on spain, the ecb expected to hold steady on rates as central bankers meet today. country's president tells cnbc that europe's policymakers must remain focused. and madrid sees solid demand and yields coming down as the finance minister heads to london to raise funds for the country's bad banks. if you're just tuning in, thanks very much for...
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Oct 5, 2012
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mitt romney shot at funding pbs at wednesday's debate. >> today, president obama took it on as well. >> for all you moms and kids out there, don't worry, somebody is finally getting tough on big bird. rounding him up. elmo's got to watch out too. governor romney plans to let wall street run wild again, but he's going to bring down the hammer on "sesame street." >> i know everybody wants to be sympathetic to big bird and to "sesame street." i love the product. it was started the year i was born. >> thanks, bring that up. >> why does taxpayer money need to go to a product that is clearly so profitable? they have toys. they have games. they make money from licensing and revenue. why do taxpayers have to subsidize that? as a stand alone business, "sesame street" will do just fine. >> doesn't the profit from all those toys go to the nonprofit group? there's a children's television workshop that gets the money. >> they nonprofit, so why does taxpayer money subsidize a nonprofit? >> you can make an argument easily that helping a start-up organization like that 40 years ago, look at the good
mitt romney shot at funding pbs at wednesday's debate. >> today, president obama took it on as well. >> for all you moms and kids out there, don't worry, somebody is finally getting tough on big bird. rounding him up. elmo's got to watch out too. governor romney plans to let wall street run wild again, but he's going to bring down the hammer on "sesame street." >> i know everybody wants to be sympathetic to big bird and to "sesame street." i love the...
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the reviews are in for last night's presidential debate. not so good for barack obama. definitely good for mitt romney. a lot of folks concluding that romney had one of the stronger debate performances last night in presidential debating history, at least in recent memory. that's not good news for the president. you can tell how both these campaigns feel about their performance last night based on what they're doing today. we have not seen mitt romney out in front of television cameras so far today, but president obama hosted a rally in colorado today, giving him a chance to have almost a do over from last night's performance. take a listen. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real mitt romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fellow on stage last night said he didn't know anything about that. >> and bill, the battle continues now. in the battleground states, we're going to see both
the reviews are in for last night's presidential debate. not so good for barack obama. definitely good for mitt romney. a lot of folks concluding that romney had one of the stronger debate performances last night in presidential debating history, at least in recent memory. that's not good news for the president. you can tell how both these campaigns feel about their performance last night based on what they're doing today. we have not seen mitt romney out in front of television cameras so far...
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Oct 2, 2012
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first of three presidential debates and cnbc will carry it live. our coverage begins at 8 p.m. eastern time. it's your money, your vote. sue? >>> ty, the financial crisis haunting america's biggest bank, jpmorgan being sued by new york attorney general eric schneiderman, claiming that the bear sterns business that jpmorgan took over in 2008 defraud mortgage bond investors a are. our senior correspondent scott cone has been working on the case. scott? >> sue, under the head nothing good deed goes unpunished, if how you characterize the takeover of bear stearns, the federal government for the $10 a shake jpmorgan got not only bear stearns' assets but liabilities, including, authorities say responsibility four some of the most egregious conduct in the financial crisis you churning out residential mortgages by the thousands, bundling them into what the firm told investors were quality securities, knowing all along many of the mortgages were duds a systemic fraud on thousands of investors, the lawsuit says, deceiving them about the fundamentally defecti
first of three presidential debates and cnbc will carry it live. our coverage begins at 8 p.m. eastern time. it's your money, your vote. sue? >>> ty, the financial crisis haunting america's biggest bank, jpmorgan being sued by new york attorney general eric schneiderman, claiming that the bear sterns business that jpmorgan took over in 2008 defraud mortgage bond investors a are. our senior correspondent scott cone has been working on the case. scott? >> sue, under the head...
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president obama continues to maintain his lead over mitt romney with two days before their first debate and 35 days before the election. new poll shows 49% of likely voters favoring the president versus 47% for romney. amongst all registered voter, obama holds a 5 point lead. but 52% of likely voters across key swing states favor the president. you'll be able to get full coverage of wedding who's presidential debate right here on cnbc, it starts at 8:00 p.m. eastern. a july says the rules set to go into effect october 12th won't properly justified by the cftc, the rules would cap the size of positions trading firms can take in certain commodity contracts and expand restrictions to swaps trade. meanwhile nokia has another big customer. the "wall street journal" says the company is going to unveil a deal with oracle take. the company's oracle world conference in san francisco. nokia's recently signed deals as well with groupon and amazon which dropped google maps. shares up marginally this morning julia got to a chance to sit down with sheryl sandberg. so tune in for that interview. share
president obama continues to maintain his lead over mitt romney with two days before their first debate and 35 days before the election. new poll shows 49% of likely voters favoring the president versus 47% for romney. amongst all registered voter, obama holds a 5 point lead. but 52% of likely voters across key swing states favor the president. you'll be able to get full coverage of wedding who's presidential debate right here on cnbc, it starts at 8:00 p.m. eastern. a july says the rules set...
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president obama's lead has narrowed heading into tonight's big debate. john harwood is in denver getting ready for the big event. john? >> reporter: melissa, we've got several pieces of encouraging news for mitt romney from not only the wall street poll but swing states poll. you mentioned that mitt romney's closed the deficit among likely voters for obama from five points to three points. and in florida, he's closed from five down to one which is tied given the margin of error in our poll. in virginia, he has closed the gap from five to two. if you look at the state of ohio, a must-win state for mitt romney, mathematically possible for him to get to it without it but his strategists think he needs it. he needs to make progress there. but the fact that some of the national polls are coming back a little bit, some of the swing state polls are tightening, is a bit of an earn couragement for romney that he still has an opportunity for deficit with three or four points to change the dynamic in some way. he's got to hope that obama is not on his best game. yo
president obama's lead has narrowed heading into tonight's big debate. john harwood is in denver getting ready for the big event. john? >> reporter: melissa, we've got several pieces of encouraging news for mitt romney from not only the wall street poll but swing states poll. you mentioned that mitt romney's closed the deficit among likely voters for obama from five points to three points. and in florida, he's closed from five down to one which is tied given the margin of error in our...
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. >> now let me give you a bottom line on the debate. first of all, you had a huge shot of energy in the republican camp in the romney campaign. republicans were thrilled with his performance. democrats were not so thrilled with president obama's performance. the question is going to be has mitt romney been able in a race where he's been clearly behind the president to hurt him enough and sustain that momentum over the next three weeks. that's what's really critical. there have been strong debates, john kerry had a strong debate against george w. bush in 2004. but he wasn't able to translate that into lasting benefit. that's the best of the next three weeks, to see whether romney can keep it going or whether president obama comes out with a higher level of aggression, higher level of energy in the next debate and stop the momentum that romney accumulated last night. >> okay. yeah, i had so many different thoughts, john, as we watched the whole thing. i remember that a lot of republicans were supporting newt gingrich because just for this
. >> now let me give you a bottom line on the debate. first of all, you had a huge shot of energy in the republican camp in the romney campaign. republicans were thrilled with his performance. democrats were not so thrilled with president obama's performance. the question is going to be has mitt romney been able in a race where he's been clearly behind the president to hurt him enough and sustain that momentum over the next three weeks. that's what's really critical. there have been...
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next week sees the vice president presidential debate before we get two more presidential debates. one of the major issues is it that looming fiscal cliff. president obama challenged mitt romney on his plans for cutting the nation's debt. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real hit romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fell wloe on stage last night said he didn't know anything about that. >> the president's vision is trickle down government and i don't think that's what america believes in. i see instead a prosperity that comes through freedom. >> president of the committee for responsible federal budget, director of the fiscal policy program, as well, and joins us now. have you heard anything -- have you heard enough of of a commitment from either side of the aisle that you thought might actually work? >> well, what we didn't hear was enough specifics. so i think the good news is that that
next week sees the vice president presidential debate before we get two more presidential debates. one of the major issues is it that looming fiscal cliff. president obama challenged mitt romney on his plans for cutting the nation's debt. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real hit romney has been running around the country for the last year promising $5 trillion in tax cuts that...
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has now entering the debates against george w. bush. he had a reputation as a strong debater. his body language was off, he was condescending to bush. bush was surprisingly well performed and personable. you had the bush campaign take advantage of some mistakes that gore made in the debate. and they really drove a story. cheney beat lieberman in the vice presidential debates. all those things came together and political scientists call it a wave effect. cause out with bush ahead a few points. >> couldn't you just say for an idiot, he was surprisingly well inform informed in say what you're feeling. >> i've never thought bush was an idiot. >> why would you say surprisingly well informed? he was governor for -- he had a higher grade point average than al gore. >> because bush had a reputation -- >> with who? >> among people who cover him and among-mf. >> the media, you mean? >> a significant portion of the american people. >> i'm playing with you. i read what you tweeted, that you're ready for some debating with morning joe and at s
has now entering the debates against george w. bush. he had a reputation as a strong debater. his body language was off, he was condescending to bush. bush was surprisingly well performed and personable. you had the bush campaign take advantage of some mistakes that gore made in the debate. and they really drove a story. cheney beat lieberman in the vice presidential debates. all those things came together and political scientists call it a wave effect. cause out with bush ahead a few points....
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. >>> big night on cnbc, not just because it's the first debate for romney and obama. it's because here on "mad money," it's wednesday. what do we play on wednesdays? you've got it. time to see about your pofrls. time to play ffd ffd. time to play "am i diversified?." we've gotten inundated with tweets. we have to go to them. this is from dimas 720. m mo,, pep, point guard, cop, nyb. i'm saying it's highly unlikely. procter & gamble, uh-oh, pepsi, consumer products company. altria, conoco phillips, new york community, high-yielding financial. keep altria. between pepsi and procter, keep pepsi. we're going to put in a health care company. at this point i'm going a little aggressive. go celgene. let's go to ed in new york, please. ed? >> caller: hey. >> hey. modern portfolio. it's a modern portfolio. i have popeye's. i love the red beans and rice. aig is my favorite financial. michael kors is the terrific apparel company where they still charge $200 even at the outlets. dynavax. and facebook is not doing as badly as everybody else. internet company, financial, apparel co
. >>> big night on cnbc, not just because it's the first debate for romney and obama. it's because here on "mad money," it's wednesday. what do we play on wednesdays? you've got it. time to see about your pofrls. time to play ffd ffd. time to play "am i diversified?." we've gotten inundated with tweets. we have to go to them. this is from dimas 720. m mo,, pep, point guard, cop, nyb. i'm saying it's highly unlikely. procter & gamble, uh-oh, pepsi, consumer...
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and for the democrats, well, obama may have been rusty in the debate. he wasn't hurt too badly. we'll see how it plays out. but i think this was a strong night for mitt romney. we have three more debates to go. one with the vice-presidential candidates. two at the top of the ticket. and if you can keep this going, he may do himself some good. >> carl, you've been watching in trade. we saw an move in up in trade, the betting on obama versus romney. it actually -- >> about 9% down on the president. >> and up to 26% on governor romney. actually, larry kudlow with us as well. >> maria? >> yes, john? >> i want to say, i think you were right about the president being on the defensive. one of the things that came out of the two conventions is that the democrats, bill clinton helped president obama in this, shifted this from a referendum election on president obama's performance to a choice election. i think this -- the effect was to pull it back to a referendum election and put president obama on the defensive. he's the one with the record. and the american public is not in a great moo
and for the democrats, well, obama may have been rusty in the debate. he wasn't hurt too badly. we'll see how it plays out. but i think this was a strong night for mitt romney. we have three more debates to go. one with the vice-presidential candidates. two at the top of the ticket. and if you can keep this going, he may do himself some good. >> carl, you've been watching in trade. we saw an move in up in trade, the betting on obama versus romney. it actually -- >> about 9% down on...
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bush and austan goolsbee, former adviser to president barack obama. you know, our friend liesman, austan, he said if they could fix these numbers, if they could somehow fix them, then why didn't they fix the debate performance? that didn't make sense to me. i think i figured it out. you could relax at the debate if you knew you were doing 7.8, all right? you could kind of mail it in, like hey, no big deal. i'm getting a 7.8 on friday. >> look, first of all, i've been saying for months, you've made me be mr. pessimistic on the jobs panel month after month and i told you finally the seasonal adjustment would kick in, in our favor, starting in september and then you didn't have me on! i would have predicted this. you got to at least -- >> i didn't know i could make you do things. that's cool, what do i want to you do. >> no, you made me do nothing. you kicked me off of there. >> where were you last month? >> it wasn't for lack of asking, was it? >> i'm sure we probably begged. >> no, i'm just playing with you. you got to learn the name of the bls commiss
bush and austan goolsbee, former adviser to president barack obama. you know, our friend liesman, austan, he said if they could fix these numbers, if they could somehow fix them, then why didn't they fix the debate performance? that didn't make sense to me. i think i figured it out. you could relax at the debate if you knew you were doing 7.8, all right? you could kind of mail it in, like hey, no big deal. i'm getting a 7.8 on friday. >> look, first of all, i've been saying for months,...
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romney and obama facing off last night in their first presidential debate. among the topics they sparred over, revenue. take a listen. >> there has to be revenue in addition to cuts. now, governor romney has ruled out revenue. he's ruled out revenue. >> absolutely. look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget. but the idea of taxing people more, putting more people out of work, you'll never get there. >> for reaction from the obama campaign, the co-founder and former ceo of car max, austin leggen joins us from richmond, virginia. austin, good morning to you. >> good morning. how are you? >> good. i'd love to get your take on that specific moment which has been cited by many to be one of romney's most coherent, concise arguments for his view of the role of government. you agree? >> well, it may have been quick and a good sound bite, but it's not very coherent or concise. what he says is growth will give you revenue which will give you growth. i mean, what he's
romney and obama facing off last night in their first presidential debate. among the topics they sparred over, revenue. take a listen. >> there has to be revenue in addition to cuts. now, governor romney has ruled out revenue. he's ruled out revenue. >> absolutely. look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget. but the idea of taxing people more, putting more people out of work, you'll...
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on wednesday, president obama and republican candidate mitt romney meet in the first presidential debate. this one focusing on domestic policy. on thursday, we'll get the minutes of the last meeting of the federal reserve open market committee. this one's the meeting when the fed governors approved another round of quantitative easing. and on friday, the always anticipated monthly jobs report will be released. we will find out if there's any change to the 8.1% unemployment rate for america. >>> finally, are you ready to hand over the wheel at google headquarters this week, california governor jerry brown signed a law legalizing driverless cars. the search giant has been developing self-driving cars for several years. they use cameras and radar to detect other vehicles. and have reportedly logged more than 300,000 road miles without an incident. implementing this idea is right on schedule. >>> you know, it was just at the 1939 worlds fair when general motors predicted a highway system full of electric cars controlled by remote radio as part of the company's futurerama exhibit and predicte
on wednesday, president obama and republican candidate mitt romney meet in the first presidential debate. this one focusing on domestic policy. on thursday, we'll get the minutes of the last meeting of the federal reserve open market committee. this one's the meeting when the fed governors approved another round of quantitative easing. and on friday, the always anticipated monthly jobs report will be released. we will find out if there's any change to the 8.1% unemployment rate for america....
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the first presidential debate between governor romney and president obama. it gets underway here on cnbc at 8:00 p.m. eastern time. stay tuned. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#:
the first presidential debate between governor romney and president obama. it gets underway here on cnbc at 8:00 p.m. eastern time. stay tuned. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm...
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and i think people need to have a real debate over the argument and not a cartoon debate about somehow darkened conspiracies with the number. >> so the discussion will happen on the sunday shows whether or not the week was about the president's performance in the debate, or this economic data. which wins? which one is more important? >> you know, the debate was seen by tens of millions of people. i think that's important. i've said all along during the campaign, the jobless numbers have been hyped in their importance because people are living in this economy. they feel what's happening to their lives and their own prospects. this is good news for the president but doesn't change what voters already know about their own lives and the prospects for their kids to get ahead, the prospects for them to get jobs if they don't have jobs now. i wouldn't overexaggerate. its a psychological thing. it helps the president. it's a high rate. not a good rate. >> yeah. we've asked this question for months. the romney people, when the data does turn and who chos if it would actually, i'm told the presi
and i think people need to have a real debate over the argument and not a cartoon debate about somehow darkened conspiracies with the number. >> so the discussion will happen on the sunday shows whether or not the week was about the president's performance in the debate, or this economic data. which wins? which one is more important? >> you know, the debate was seen by tens of millions of people. i think that's important. i've said all along during the campaign, the jobless numbers...
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obama. it's been a theme on the left, that oil companies basically pay nothing in taxes. >> i don't know what the $4 billion is that tax subsidies for oil companies, because oil companies has the same tax structure as a manufacturing company in the united states. that's it. and i don't quite understand. we talk about oil companies making too much money. obama does. he consistently talks about that. he never mentions that apple is the largest company in the united states, larger than exxon. and i don't think there's anything wrong with apple either. i don't think there's anything wrong with any of the manufacturing or the oil and gas industry in the united states. i think they're trying to do the best job they can and doing a pretty damn good job. but i'm not one that believes they should be taxed more. >> boone, thank you. i know your cowboys and my hokies are both having rather disappointing seasons so we'll just leave it at that so have a great weekend. >> well wait a minute! we got a bad
obama. it's been a theme on the left, that oil companies basically pay nothing in taxes. >> i don't know what the $4 billion is that tax subsidies for oil companies, because oil companies has the same tax structure as a manufacturing company in the united states. that's it. and i don't quite understand. we talk about oil companies making too much money. obama does. he consistently talks about that. he never mentions that apple is the largest company in the united states, larger than...
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and the market may or may not be pricing in an obama re-election. that's all going to potentially change during the debates. it will either go higher or lower. i think at the end of the day, the election is a short term mover of the marketplace and we would look for that volatility to add positions that we have a lot of conviction in. >> we've got to leave it there. tom, leo, thank you very much for kicking off our show. >> thank you very much. >>> so, what are you, america, doing with your money. how are you changing your investments, your 401(k). right? a lot? a little? not at all? we make our tests hard here on street signs. you can go to streetsigns.cnbc.com. or tweet us your responses or send a very well trained pigeon. >> yes. >>> a market flash not delivered by pigeon but by word of mouth. >> good afternoon, guys. we're watching shares of service now, ticker now. looking at a downgrade from ubs. they took the stock from neutral to sell with a price target of $28. the firm is saying while they aren't questioning the strong fundamentals, they d
and the market may or may not be pricing in an obama re-election. that's all going to potentially change during the debates. it will either go higher or lower. i think at the end of the day, the election is a short term mover of the marketplace and we would look for that volatility to add positions that we have a lot of conviction in. >> we've got to leave it there. tom, leo, thank you very much for kicking off our show. >> thank you very much. >>> so, what are you,...
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. >>> big night on cnbc, not just because it's the first debate for romney and obama. it's because here on "mad money," it's wednesday. what do we play on wednesdays? you've got it. time to see about your port o portfolios are protected. time to play "am i diversified?." this is where you call me, you tell me your top five holdings and i tell you whether you need to diversify. we've gotten inundated with tweets. we have to go to them. this is from dimas720. i think i know a dmas who writes am i diversified, altria, trokter and gamble can, conoco phillips, big california boo-yah. mike dimas is from summit new jersey. procter & gamble, uh-oh, pepsi, consumer products company. altria, there's a match game thing going on there. conoco phillips, new york community, high yielding financial. keep altria. between pepsi and procter, keep pepsi. proctor is a work in progress although mr. mcdonald is doing much better. we're going to put in yes, a health care company. at this point i'm going a little aggressive. go celgene. let's go to ed in new york, please. ed? >> caller: hey.
. >>> big night on cnbc, not just because it's the first debate for romney and obama. it's because here on "mad money," it's wednesday. what do we play on wednesdays? you've got it. time to see about your port o portfolios are protected. time to play "am i diversified?." this is where you call me, you tell me your top five holdings and i tell you whether you need to diversify. we've gotten inundated with tweets. we have to go to them. this is from dimas720. i think...
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debates. you can catch it all right here live on cnbc beginning at 8:00 p.m. eastern. i'll be hosting the pre and post coverage along with carl quintanilla. of course, john harwood will also be with us. he's live on the ground in denver. he's here with a preview. over to you, john. >> hey, maria. it's important to remember this election isn't over. if you look at the new polls that we came out with last night and this morning, mitt romney's only trailing by three points nationally. that's down from a five-point margin a couple weeks ago. he's 9/11 florieven in florida,. he still trails in ohio by five points. that's a big problem. he needs to win the state of ohio. that just shows he has an opportunity tonight. three other big economic issues they're going to be talking about, first of all, on taxes. mitt romney hasosed a 20% across the board rate cut for individuals, but he hasn't specified how he's going to pay for that without increasing the deficit or increasing the burden on middle and lo
debates. you can catch it all right here live on cnbc beginning at 8:00 p.m. eastern. i'll be hosting the pre and post coverage along with carl quintanilla. of course, john harwood will also be with us. he's live on the ground in denver. he's here with a preview. over to you, john. >> hey, maria. it's important to remember this election isn't over. if you look at the new polls that we came out with last night and this morning, mitt romney's only trailing by three points nationally. that's...
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president obama, it wasn't just that his performance was listless. president obama, there was though substance there. you always hear the expression sell the sizzle, not the steak. i always say if you don't have the steak, there's no sizzle. >> all right. from politics to the stock market. a stock you know very well. hewlett-packard. stock has been punished. meg whitman, the new ceo, is coming under fire. here's what she said. >> i'm confident 2013 will be the bottom of the turn around. then you can look forward, i think, to good growth in 2014 and 2015 as those products kick in, the i think vestments we're making in things like i.t., sales, organization, and training. those things will start to kick in. i really think 2014 will be quite a bright year for hp. >> what do you think of what she said? do you have any sympathy for her? >> first of all, of course. any ceo who's in a tough position, it's a very you have to job. there's no question, as i've said before, that meg whitman was dealt a very tough hand because of a lack of investment in product d
president obama, it wasn't just that his performance was listless. president obama, there was though substance there. you always hear the expression sell the sizzle, not the steak. i always say if you don't have the steak, there's no sizzle. >> all right. from politics to the stock market. a stock you know very well. hewlett-packard. stock has been punished. meg whitman, the new ceo, is coming under fire. here's what she said. >> i'm confident 2013 will be the bottom of the turn...
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well said. >> jimmy says obama wants to have a substantive debate. is there a worry that he could get too deep into the issues? >> no, because of the timeframe. they're 15-minute segments. they'll go back and forth. it's not set up. they won't have the chance to go way into it deep. >> that's my worry, that you come out of this with no substance. i want substance. >> if i'm a candidate running for the presidency of the united states, what i really care about are the undecides, the people who have not yet made up their mind. those are the folks that are going to swing this election. so you've got to speak to those folks. for them, it's not just a matter of the substance. substance is very, very important. but it's also a matter of your style. how do you react under pressure? do you have a sense of humor? are you quick on your feet? >> so here's a substantive question. it goes to specifics. we always talk about are we going to hear about specifics during this debate. apparently yesterday, romney came out and floated this idea of itemized deductions, a
well said. >> jimmy says obama wants to have a substantive debate. is there a worry that he could get too deep into the issues? >> no, because of the timeframe. they're 15-minute segments. they'll go back and forth. it's not set up. they won't have the chance to go way into it deep. >> that's my worry, that you come out of this with no substance. i want substance. >> if i'm a candidate running for the presidency of the united states, what i really care about are the...
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it will be a good debate, but i certainly do not underestimate what barack obama brings to it. >> that was the president and the man who is playing him during mitt romney's debate prep by talking expectations for the first debate. of course it's just two days away. joining us with a review, terry nelson, gop strategist, and democratic strategist morris reed. let's start with you this morning, terry. there is a sense the "washington post" has a piece out this morning that romney needs to be the instigator, he needs to be the aggressor. is that right and can he do it? >> i don't know if he needs to be the instigator. there has been clearly a lot of focus on the romney campaign. he needs to have a very solid performance and 2that's the mos important thing, that he makes his points in a solid and forceful way and if he does that are, i think and he will come out all right. but the idea that he needs to come in a have a debate defining moment in order for to be a success i don't think is right. >> is there one issue or theme that he has to hit home? >> he has to -- this race is about the ec
it will be a good debate, but i certainly do not underestimate what barack obama brings to it. >> that was the president and the man who is playing him during mitt romney's debate prep by talking expectations for the first debate. of course it's just two days away. joining us with a review, terry nelson, gop strategist, and democratic strategist morris reed. let's start with you this morning, terry. there is a sense the "washington post" has a piece out this morning that romney...
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. >> president obama talking about zingers and trying to manage expectations for the debate. charles and ross are back to talk about whether that's a good strategy. i have a poll here about who's likely to win the debate and very clearly, people think that obama will, 55% to 31%. yet, i would say that the favorite really ought to be mitt romney, purely because he spent most of the year debating against very good debaters like newt gingrich and rick santorum and others. they were very capable opponents on a debate stage. barack obama hasn't done this for four years. so i would think the advantage would definitely be with the apparent underdog, a, because people don't think he's going to win and i think he may well win that first debate and secondly, because he's the more experienced debater. >> well, i think i would caution you a little bit. i think the president, when he has given kind of press interviews, that is a form of being pressed on things so maybe you're not debating another opponent one-on-one, but you are going through the process of answering questions and tough q
. >> president obama talking about zingers and trying to manage expectations for the debate. charles and ross are back to talk about whether that's a good strategy. i have a poll here about who's likely to win the debate and very clearly, people think that obama will, 55% to 31%. yet, i would say that the favorite really ought to be mitt romney, purely because he spent most of the year debating against very good debaters like newt gingrich and rick santorum and others. they were very...
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i've listened to a lot of the debates, and not necessarily the debates between romney and obama, but debates with people and it seems like the camps are split. i just want someone to grab hold of the reins and make this company -- or make this country and this company all it can be. >> you came to new york, with $150. bought 20 pairs of bell bottom jeans and sold in your small town and off went the hilfiger empire. do you think you could still do that today? >> i think a lot of people are doing that. maybe not with $150, but people are starting small businesses and growing them. there are lots of examples now, and it's not only in america, but worldwide. so i think if you have a desire and where there is a will, there is a way. you need a dream, you need to build a great product and have a very specific roadmap. >> one of the great fashion icons of my lifetime in my studio and not get a fashion verdict on great political leaders. barack obama first. a little picture there. what is your view? >> he is much better off in a suit than -- than colored trousers or chino trousers. >> this i
i've listened to a lot of the debates, and not necessarily the debates between romney and obama, but debates with people and it seems like the camps are split. i just want someone to grab hold of the reins and make this company -- or make this country and this company all it can be. >> you came to new york, with $150. bought 20 pairs of bell bottom jeans and sold in your small town and off went the hilfiger empire. do you think you could still do that today? >> i think a lot of...
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debate is an hour and a half. our coverage continues afterward. let's go to candy in the debate hall. wolf, to you. >> anderson, thanks very much. i want to remind our viewers, at the bottom of the screen, squiggly lines, we have a focus group of undecided colorado voters, they are watching, what they like in the debate, don't like in the debate. a lot of squiggly lines, you will see how they are reacting. the only place you will see that kind of undecided voter react. we're standing by, jim lehrer is the moderator, getting ready to ask the first question as a result of a flip of a coin, the president of the united states will get the first answer and the last word will go to mitt romney. here is jim lehrer. >> good evening at the magnus arena at the university of denver in denver, colorado. i'm jim lehrer of the pbs "news hour," and i welcome you to the first of the 2012 presidential debates between president barack obama, democratic nominee, and former massachusetts governor, mitt romney, republican nominee. the debates are sponsored by the comm
debate is an hour and a half. our coverage continues afterward. let's go to candy in the debate hall. wolf, to you. >> anderson, thanks very much. i want to remind our viewers, at the bottom of the screen, squiggly lines, we have a focus group of undecided colorado voters, they are watching, what they like in the debate, don't like in the debate. a lot of squiggly lines, you will see how they are reacting. the only place you will see that kind of undecided voter react. we're standing by,...
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we expected an aggressive debater to show up last night on the debate stage with barack obama. we didn't expect an aggressively dishonest debater to show up. that's what we got in mitt romney. what could the president have done differently? of course, we'll recalibrate and recalculate based on the mitt romney that showed up last night. we've got two more debates left. now we know what we're dealing with. we know that mitt romney will, in a split second, waulk away from the central policy of his entire economic plan because he knows it's bad politics. he has been campaigning on this $5 trillion tax cut since the beginning of the primaries. and last night he tried to walk away from it, because he knows he's going to have to tell the middle class that he's going to have to raise their taxes if he wants to pay for it. >> the $5 trillion cut, the president talked about that today. that was sort of the heart when you talk about him being honest, it comes down to the tax cuts. >> with well, there's plenty of other examples. >> let me play this one and get your reaction. >> when i got
we expected an aggressive debater to show up last night on the debate stage with barack obama. we didn't expect an aggressively dishonest debater to show up. that's what we got in mitt romney. what could the president have done differently? of course, we'll recalibrate and recalculate based on the mitt romney that showed up last night. we've got two more debates left. now we know what we're dealing with. we know that mitt romney will, in a split second, waulk away from the central policy of his...
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obama and mitt romney will go face to face wednesday in the first of three presidential debates. you can watch it live right here on cnn, 7:00 eastern. and also cnn.com. don't miss that. >>> we could all agree having children changes your life forever. as parents, we want what is best for our kids. we want to make sure our children are safe and happy. you would think that would be the case for every parent. not so. take a look at this man. this father was willing to strap on a vest filled with explosives and kill as many people as possible, including himself. this father wanted to desert his son, let him grow up without a dad. this father says it is perfectly okay if his 4-year-old son becomes a suicide bomber, too. cnn got this stunning exclusive interview with the father whose choices are so difficult to understa understand. >> reporter: behind these high walls of the prison, among the 7,000 inmates, are several men who say they're hellbent on being terrorists. we've come here to meet a confessed would-be suicide bomber, one of hundred now locked up behind bars. 25-year-old raj
obama and mitt romney will go face to face wednesday in the first of three presidential debates. you can watch it live right here on cnn, 7:00 eastern. and also cnn.com. don't miss that. >>> we could all agree having children changes your life forever. as parents, we want what is best for our kids. we want to make sure our children are safe and happy. you would think that would be the case for every parent. not so. take a look at this man. this father was willing to strap on a vest...
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flag pin than the obama. is the debate over? 14 minutes until we can get all go back to preferring the candidate we liked when the debate started. remember, if you missed it last night and, of course, you want to see the whole thing for yourself, we're going to be airing the entire debate 1:00 p.m. eastern right here on cnn. >>> and the day after what many in his own party are calling a very disappointing debate performance. the president is now back out on the trail trying to get his mojo back. we're going to go live to denver. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! can youlyric can.aid do this? thanks. lyric can. lyric can. lyric by phonak is the world's only 24/7, 100% invisible hearing device. it's tiny. but lyric's not just about what you can't see. it's about what it can do. lyric can be worn 24/7 for up to four months, without
flag pin than the obama. is the debate over? 14 minutes until we can get all go back to preferring the candidate we liked when the debate started. remember, if you missed it last night and, of course, you want to see the whole thing for yourself, we're going to be airing the entire debate 1:00 p.m. eastern right here on cnn. >>> and the day after what many in his own party are calling a very disappointing debate performance. the president is now back out on the trail trying to get his...
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the debates are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. there will be six roughly 15-minute segments with two-minute answers for the first question, then open discussion for the remainder of each segment. thousands of people offered suggestions on segment subjects or questions, via the internet and other means, but i made the final selections, and for the record, they were not submitted for approval to the commission or the candidates. the segments as i announced in advance will be three on the economy, and one each on health care, the role of government, and governing. with an emphasis through out on differences, specifics, and choices. both candidates will also have two-minute closing statements. the audience here in the hall has promised to remain silent. no cheers, applause, boos, hisses, among other noisy, distracting things, so we may all concentrate on what the candidates have to say. there is a noise exception right now, though,
the debates are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. there will be six roughly 15-minute segments with two-minute answers for the first question, then open discussion for the remainder of each segment. thousands of people offered suggestions on segment subjects or questions, via the internet and other means, but i made the final selections, and for the record, they were not...
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we're going to hear from michelle obama and ann romney on their debate advice. one of them gets moesh. we'll be right back. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. more than 50 times a day? so brighten your smile a healthy way with listerine® whitening plus restoring rinse. it's the only rinse that makes your teeth two shades whiter and two times stronger. ♪ listerine® whitening... power to your mouth. >>> welcome back to debate night in america. there you s
we're going to hear from michelle obama and ann romney on their debate advice. one of them gets moesh. we'll be right back. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my...
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he's playing barack obama in these mock debates we have. i don't like him very much anymore, all right? he keeps on beating me up and i keep going away shaking my head. >> reporter: he flies to colorado on monday night, hun r hunkering down while making final preparations. then he goes to nevada and then goes behind closed doors before debate day. meanwhile both presidential campaigns play the expectations games, trying to lower the bar for their candidates. gary? >> paul, thank you very much. next hour we'll take a closer look at the art of the debate and the strategy of the dodge. we'll show you how dodging important questions can actually earn candidates points with voters. >>> and a programming note, the first presidential debate of 2012 is this wednesday night. watch it live, 7:00 p.m. eastern on cnn and cnn.com. >>> tomorrow morning the u.s. supreme court justices will formally kick off a new term. on the agenda, some of the toughest and most controversial issues of our day. here's joe johns with more. >> reporter: right after the sup
he's playing barack obama in these mock debates we have. i don't like him very much anymore, all right? he keeps on beating me up and i keep going away shaking my head. >> reporter: he flies to colorado on monday night, hun r hunkering down while making final preparations. then he goes to nevada and then goes behind closed doors before debate day. meanwhile both presidential campaigns play the expectations games, trying to lower the bar for their candidates. gary? >> paul, thank you...
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a presidential debate. >> what is president obama's biggest strength, congressman? >> he's got that big smile. but other than that, look, he's a very charming person. there's a reason why he became the president of the united states. but it's going to be a good debate. >> what are you worried about, bill, the most as far as president obama is concerned? >> well, as you know, i worked for president obama for a long time. and i love the guy. but he does have this reputation for sometimes speaking in paragraphs and not in sound bites. in this kind of venue, sound bites are the thing that's important. so i think that any obama supporter who really loves the president is a little worried that maybe sometimes he may speak longer than the evening news and the morning news the next day is able to cover in full. >> as someone who's moderated four debates with him can testify to that. congressman, to you, what's the biggest weakness governor romney has. i've moderated four debates with him as well. >> there's so much material to attack the president on -- >> no. not the presi
a presidential debate. >> what is president obama's biggest strength, congressman? >> he's got that big smile. but other than that, look, he's a very charming person. there's a reason why he became the president of the united states. but it's going to be a good debate. >> what are you worried about, bill, the most as far as president obama is concerned? >> well, as you know, i worked for president obama for a long time. and i love the guy. but he does have this...
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first debate. but their running mates are out in full force. >> thank you so much for coming out, everybody. >> there he is, republican paul ryan is in new hampshire, a small but critical state that both campaigns covet. he told the crowd this morning that mitt romney's term as governor next door in massachusetts proves he can get things done, even in a state dominated by democrats. and vice president joe biden is in another key swing state, wrapping up a two-day swing through florida, including this stop in fort meyers. he said that he and president obama inherited the financial mess we see, including the plan that the republican plan favors the wealthy. >>> and senator john kerry is playing the role of mitt romney in the president's practice session. and ohio senator rob portman is portraying the president in mitt romney's debate. more on the preview of wednesday's big event. >> as running mate paul ryan makes the rounds on the campaign trail here in new hampshire, and ohio, guess what? his boss
first debate. but their running mates are out in full force. >> thank you so much for coming out, everybody. >> there he is, republican paul ryan is in new hampshire, a small but critical state that both campaigns covet. he told the crowd this morning that mitt romney's term as governor next door in massachusetts proves he can get things done, even in a state dominated by democrats. and vice president joe biden is in another key swing state, wrapping up a two-day swing through...
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. >>> checking the race for the white house, three days before the first debate, president obama is out west. he landed in las vegas a little while ago where he's going to hold a rally later this evening. mitt romney is keeping a low profile this weekend. he went to church this morning outside boston but heads to colorado tomorrow where he will hold a rally and, of course, continue his preparations for wednesday's debate. >>> key decision makers from across washington attended today's annual red mass. they include six of the nine supreme court justices. what is the red mass? it's an annual event that aims to bring people tok to pray for members of the judiciary before the court begins hearing cases. it's called the red mass because, well, you can see, the clergy there are wearing red garments. some people criticize the service and see it too much of a mix of religion and government. >>> police in middle, tennessee, have a real mystery on their hand. they're searching for a 9-year-old girl and her 7-year-old half brother. they were thought to have sdid in a house fire that killed their g
. >>> checking the race for the white house, three days before the first debate, president obama is out west. he landed in las vegas a little while ago where he's going to hold a rally later this evening. mitt romney is keeping a low profile this weekend. he went to church this morning outside boston but heads to colorado tomorrow where he will hold a rally and, of course, continue his preparations for wednesday's debate. >>> key decision makers from across washington attended...
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both president obama and governor romney are seasoned debaters, and experts say neither are prone to making major gaffes. but if there is one thing that history has taught us, when it comes to presidential debates, expect the unexpected. joining us now to talk about the moments and debate magic yet to come, republican consultant romney 2008 campaign advisor, alex castellanos and donna brazile. a lot of folks are saying these debates are do or die for romney. donna, do you agree? >> absolutely. first impression is very, very important. mitt romney had several opportunities to change the trajectory of the campaign, his selection of a running mate, paul ryan, got a small bounce. the convention speech didn't get any bounce, and now the first debate. this is like the first night on broadway. there will be more voters tuning in, they will be looking at his performance and if he comes across as somebody who is credible, who is up to the task, he might get another bounce out of it. >> aren't undecided voters the least likely to tune into the debates? gallup looked back at records and found o
both president obama and governor romney are seasoned debaters, and experts say neither are prone to making major gaffes. but if there is one thing that history has taught us, when it comes to presidential debates, expect the unexpected. joining us now to talk about the moments and debate magic yet to come, republican consultant romney 2008 campaign advisor, alex castellanos and donna brazile. a lot of folks are saying these debates are do or die for romney. donna, do you agree? >>...
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. >>> president obama and mitt romney talked about jobs at the debate. they discussed taxes, debt, even big bird. but neither candidate mentioned the most immediate threat to our economy. i'll tell you what that is next on your money. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. [ male announcer ] one in six. that's how many struggle with hunger in america. ♪ but what if there was a simple way to feed those in need? now, there is. shop walmart for select brands' low prices through october 12th and you help secure meals for local families. go to walmart.com/hunger and learn more about how you can join the fight. because hunger is a big probl
. >>> president obama and mitt romney talked about jobs at the debate. they discussed taxes, debt, even big bird. but neither candidate mentioned the most immediate threat to our economy. i'll tell you what that is next on your money. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his...
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president obama and mitt romney are about to come face to face in the first presidential debate. just four days away, both obama and romney are practicing this weekend while their campaigns are presenting each candidate as the underdog. paul is in the battleground state of new hampshire. >> hey, fred. as running mate paul ryan makes the rounds on the campaign trail both here in new hampshire and ohio, his boss mitt romney is hunkering down, getting ready for the debate on wednesday, the first presidential showdown between him and president barack obama. romney spending a lot of this weekend in debate preparation. the same thing for the president. he's off the campaign trail today, tomorrow he does go out to nevada, but he's spending a lot of this weekend, we believe, behind closed doors getting ready. meanwhile, both campaigns are playing the expectations game, trying to lower the bar for their candidates. even the candidates themselves are doing it. take a listen to mitt romney recently on the campaign trail. >> he's president of the united states, he's a very effective speaker.
president obama and mitt romney are about to come face to face in the first presidential debate. just four days away, both obama and romney are practicing this weekend while their campaigns are presenting each candidate as the underdog. paul is in the battleground state of new hampshire. >> hey, fred. as running mate paul ryan makes the rounds on the campaign trail both here in new hampshire and ohio, his boss mitt romney is hunkering down, getting ready for the debate on wednesday, the...
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more likely to win the debate, president obama 55%. mitt romney just 31% of likely voters expect him to win the debate. that's a good place to be for him going in there, but like you said, there's a lot of stuff in this poll. sort of mirrors what we've seen in a lot of recent national and state polls. president obama has advantages on a range of issues, however, one thing tilting in romney the direction. interesting numbers in the poll. which candidate are you confident will get the country back ton track economically? president obama, 47%. mitt romney, 51%. now, obama's had an edge on the economy in a lot of recent polls by a narrow one, two-point margin. not that much difference. interesting nonetheless mitt romney has a little edge there. a nice talking point for this campaign heading into this week, john. >> peter, live in washington. sorry we couldn't be in the same room, just too much raw energy. >> me, too. >> thank you, peter. >>> moving on, the big mystery in tennessee this morning. where you two missing siblings. a 9-year-old
more likely to win the debate, president obama 55%. mitt romney just 31% of likely voters expect him to win the debate. that's a good place to be for him going in there, but like you said, there's a lot of stuff in this poll. sort of mirrors what we've seen in a lot of recent national and state polls. president obama has advantages on a range of issues, however, one thing tilting in romney the direction. interesting numbers in the poll. which candidate are you confident will get the country...
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michelle obama speaking with our own jessica yellin. >> i get so nervous at these debates. ip, i'm like one of those parents watching their kid on the balance beam. you're just standing there just trying not to, you know, have any expression at all. >> i've read that before a speech you tell him have fun, but it's a little bit different because it's more of a competition, more like a game of one-on-one. what's your motivational advice to him before -- >> you know, he doesn't need much advice. he has been doing this for quite some time, so he knows -- he knows the job. he has been doing it for quite some time. he is a very good debater. i do tell him to have fun and relax and just be himself because the truth is if he is the barack obama, the country has come to know and trust, he is going to do a great job. >> some of his aides have said one of his challenges is to keep the answers short. i know that you have said that you critique his speeches afterwards. >> oh, no, i don't critique his speeches afterwards, actually. i give him -- you know, i give him my positive reinforce
michelle obama speaking with our own jessica yellin. >> i get so nervous at these debates. ip, i'm like one of those parents watching their kid on the balance beam. you're just standing there just trying not to, you know, have any expression at all. >> i've read that before a speech you tell him have fun, but it's a little bit different because it's more of a competition, more like a game of one-on-one. what's your motivational advice to him before -- >> you know, he doesn't...